ភ្នំពេញប៉ុស្តិ៍
Beer makers binge on ads
Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...
http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html
Obama, Clinton visits set
In a sign of “improving” relations between Cambodia and the United States, the Kingdom will host US President Barack Obama and Secretary of State Hillary Clinton this year, officials confirmed yesterday. The visit would be the first by a sitting US president. Joseph Yun, the US ...
http://www.phnompenhpost.com/index.php/2012011753979/National-news/obama-clinton-visits-set.html
Workers 'win' after Kandal factory strike
Nearly 2,000 workers at a Kandal province garment factory had returned to work on Saturday and 6,000 more planned to return today after nearly three weeks of strikes, company and union representatives said yesterday. Yung Wah Factory administrative director Ing Minchuan confirmed yesterday that the roughly ...
MFI survey claims debtor success
A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...
Amnesty calls for release of detained protesters
Amnesty International yesterday called on authorities to immediately release the 30 women and children from the Borei Keila community being detained against their will at Phnom Penh’s Prey Speu Social Affairs Center. “Those people never should have been arrested in the first place,” said Amnesty’s Deputy ...
Tax revenues from casinos climb 25 per cent in 2011
The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime ...
Croc skins new focus for farmers
Crocodile farmers in Siem Reap are turning away from the export of hatchlings to Vietnam, choosing instead sell the reptiles for their skins. Luon Nam, president of the province’s Crocodile Feeding Association, said yesterday the reliance on Vietnam was an unsustainable strategy for the industry. Any change ...
http://www.phnompenhpost.com/index.php/2011122853645/Business/croc-skins-new-focus-for-farmers.html
Kingdom takes steps to attract milled-rice buyers
A nationwide survey was under way by the Ministry of Commerce’s Rice Exporter Union to measure Cambodia’s milled-rice industry in order to give international buyers an accurate picture of the Kingdom’s current capacity, insiders said yesterday. Although data for the survey was still being collected, those ...
Eviction clock ticks for families in Preah Vihear
More than 130 families in Preah Vihear province who continue to defy eviction orders will not receive any compensation if they do not leave their homes by Friday, the Choam Ksan district governor has warned. Choam Ksan district governor Sok Hai yesterday said police and military ...
Tourism turmoil continues
Cambodia Association of Travel Agents president Ang Kim Eang yesterday released a statement denying all allegations of wrongdoing against him by some members of the association’s board who have called for his resignation. Last Wednesday, 11 of CATA’s 15 board members signed and thumb-printed a petition ...
http://www.phnompenhpost.com/index.php/2011122753627/Business/tourism-turmoil-continues.html
Sand dredging deja-vu
They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...
http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html
Maid's cause of death sparks investigation
Government authorities are investigating the death of a migrant domestic worker in Malaysia after her family and rights groups raised questions about the stated cause of death from a lung infection, a relative of the deceased woman said yesterday. Na Rith, 42, said his cousin Ouk ...
Preah Vihear families seek top-level intervention
Families continuing to defy eviction orders in Preah Vihear fear police and authorities will use violence to remove them from their homes this week, villagers told the Post yesterday. Representatives of Svay Chum village in Choam Ksan district’s Kantuot commune trekked to Phnon Penh on Friday ...
Unions seek changes to labour law
Union leaders are calling for 10 changes to be made to the draft law that will regulate them, including allowing civil servants to form unions, they said yesterday, following a letter calling for two ministers to intervene late last week. The Cambodian Trade Union Coordination Council ...
Inflation dips in November
The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...
http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html
Kingdom's exports up 42% on garments, food
Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...
Cambodian rice output grows in 2011 despite floods
Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...
Climate onus on government: poll
Most Cambodians believe it is the government’s responsibility to respond to climate change, but are unclear about who in government should take the lead, according to a survey discussed by officials at a workshop on climate change yesterday. The survey, Understanding Public Perceptions of Climate Change ...
http://www.phnompenhpost.com/index.php/2011122353583/National-news/climate-onus-on-govt-poll.html
New securities dealer launches in Kingdom
Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...
Digital content key to growth for Kingdom's telecom firms
CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...
Shine on Pailin gems seen fading
THE precious stone industry in Pailin province is facing bankruptcy as supplies dwindle and locals turn to agriculture as their main source of revenue, provincial authorities told the Post. Pailin, long known for its rubies, sapphires and other precious stones, now depends on foreign imports to ...
http://www.phnompenhpost.com/index.php/2011122253558/Business/shine-on-pailin-gems-seen-fading.html
Mob breaks evictee into home
A PROTEST on the fifth storey of a residential high-rise in Borei Keila ended with authorities fleeing the scene and incensed villagers breaking down a door yesterday. About 50 villagers converged on the site to protest against Phan Imex and authorities evicting a man from his ...
http://www.phnompenhpost.com/index.php/2011122253561/National-news/mob-breaks-evictee-into-home.html
Prey Lang protesters on run after police allegedly pay a visit
TWO activists involved in last month’s Prey Lang forest protest against illegal logging fled their houses yesterday in Sandan district in an attempt to evade local authorities, villagers reported. Roeun Sopheap, village representative in Sandan commune, said he fled his home yesterday after finding several police ...
ADB offers $15m loan for financial-sector growth
Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...